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Economy

Lack of participation subdues markets, Sensex closes flat

Mumbai, Dec 24 (IANS) Lack of investors’ participation, coupled with the ongoing political turmoil and the government’s inability to pass a key economic legislation during parliament’s just concluded winter session, subdued Indian equity markets on Thursday. This led a barometer index of the Indian equity markets to close flat, a day after it made healthy Full Article

Canadian stock market ends higher

Toronto, Dec 23 (IANS) Canada’s main stock market in Toronto secured gains as resource stocks inched higher while energy stocks seesawed despite a rally in crude oil prices. The Toronto ...Full Article

Vodafone India plans 4G in metros by March 2016

New Delhi, Dec 21 (IANS) Vodafone India will increase the intensity of its 4G services rollout and by March 2016 it will be launched in Mumbai, Delhi, Bengaluru and Kolkata, ...Full Article

Anil Ambani, Spielberg join hands for another project

Mumbai, Dec 17 (IANS) Anil Ambani-led Reliance Entertainment and Steven Spielberg’s DreamWorks on Thursday announced the formation of Amblin Partners — a new film, television and digital content creation company. ...Full Article

SRO launches six Singaporean satellites, says lot more to achieve

Sriharikota (Andhra Pradesh), Dec 16 (IANS) India on Wednesday successfully launched six Singaporean satellites. As the Indian space agency achieved the milestone of its 50th rocket launch from here, ...Full Article

ADB to lend $1 bn to PowerGrid for expansion

New Delhi, Dec 10 (IANS) The Asian Development Bank (ADB) on Thursday said it would lend $1 billion to state-run Power Grid Corporation for expanding its transmission capacity in the ...Full Article

ADB to lend $1 bn to PowerGrid for expansion

New Delhi, Dec 10 (IANS) The Asian Development Bank (ADB) on Thursday said it would lend $1 billion to state-run Power Grid Corporation for expanding its transmission capacity in the ...Full Article

Delhi to run 6,000 extra buses from January 1 to 15

New Delhi, Dec 10 (IANS) The Delhi government on Thursday said it will run 6,000 more buses to shore up the public transport from January 1 to 15 when the ...Full Article

Indian crude oil basket at 11-year low, amid global glut

New Delhi, Dec 8 (IANS) The Indian basket of crude oils fell to a 11-year low of $38.61 per barrel, after the decision by the global cartel to continue pumping ...Full Article

Likely US rate hike subdues markets; Sensex down 108 points

Mumbai, Dec 7 (IANS) Heightened prospects of a US rate hike, coupled with slow progress in the Indian Parliament in approving a key economic legislation, subdued Indian equity markets on ...Full Article